Section

Asian FX bears gain momentum as hopes of early US rate cuts wane

By Inquirer - 10 months ago
Bearish bets on multiple emerging Asian currencies gained momentum as traders adjusted their bets on early rate cuts by the U.S. Federal Reserve, driving investors to the safe-haven dollar, according to a Reuters poll. Most Asian currencies have been thrown off course from a U.S. dollar short squeeze since the beginning of the year after

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.